Question

At what rate percent per annum will Rupees 3000 yield Rupees 600 interest in 5 years​

Answer 1

Answer:

Step-by-step explanation:

Let the interest rate be r

we know that

interest yield = PRT/100

3000 x r x 5 /100 = 600

25r/100 = 1

r = 4%

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Answer 2

Answer:

4 %

Step-by-step explanation:

4 % of 3000 =120

5*120=600=ans